Author Question: The correct order of dividend process dates is A) ex-dividend date, date of record, declaration ... (Read 103 times)

newyorker26

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The correct order of dividend process dates is
 
  A) ex-dividend date, date of record, declaration date, payment date.
  B) declaration date, date of record, ex-dividend date, payment date.
  C) date of record, declaration date, ex-dividend date, payment date.
  D) declaration date, ex-dividend date, date of record, payment date.

Question 2

The last interest payment on a 12-year, 6, 138,000, fully-amortized loan with annual payments will be less than the first interest payment.
 
  Indicate whether the statement is true or false.


jjorrostieta

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Answer to Question 1

D

Answer to Question 2

Answer: TRUE
Explanation: The last interest payment will be the smallest.



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